The average rent price in the Kentucky region has had a slight rise in recent months. There has been a rise in the rent prices in this region.
The price per sq.feet in Kentucky has risen in the last 6 months. During January, the average price per sq.feet was $0.91. The following month (February) the price rose to $1 per sq.feet. The following two months (March, April) went through a rise of 108 % in the rent price per sq.feet rising from $0.95 to $1.03 per sq.feet. In the last two months, the price per sq.feet has fallen 93 %. This has been obtained by comparing the price $0.99 for the first four months of the sample with regard to the previous 4 months and the price $0.93 per sq.feet for the last two months (May, June).
When referring to the price in Kentucky(region), there have hardly been any changes in the last 6 months. In the first month sample January the average price is $942. In February the price remains at $958. In the following two months the average price practically remained the same compared to the previous two going from $950 to $936.5. During the last two months the average price has not gone through any changes and has gone from $943.25 to $926.5 during May and June.
The graph displaying the the average rent price per number of bedrooms shows that those with 1 bedroom are the most affordable ones. They are 11 % cheaper than the average price in Kentucky followed by those with 2 with an average price of $907. The most expensive properties have 4 bedrooms. They are 72 % more expensive than the average followed by those properties with 3 bedrooms priced at $1,251.
Based on the average price per sq.feet those properties with 4 bedrooms are the most affordable ones with a price of $0.89 / sq.feet being $0.92 / sq.feet the average for Kentucky. The properties with the highest average price are those with 1 bedroom. These are 18 % more expensive than the average followed by those with 3 bedrooms with a price of $0.95 / sq.feet.
The graph displaying the average rent price according to the property type shows "House" as the most affordable one. With an average cost of $889 it is 15 % cheaper than the average in Kentucky. This is followed by "" with a cost of $958. The most expensive property type is "Land" and is 26 % more costly than the average, followed by "Farm" with a cost of $1,003.
Based upon the average cost per sq.feet the most affordable property type is "Land with a an average price of $0.89 / sq.feet, followed by "House" with a price of $0.91 / sq.feet. "Farm" with an average price of $0.93 / sq.feet is the most expensive type of property followed by "House" at a price of $0.91 / sq.feet.